Photos and Property Details for 324 Hollister Avenue SE, Grand Rapids, MI 49506 (MLS# 22015348).
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$372,000
Grand Rapids, MI 49506
MLS# 22015348
Status: Sold
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Property Description
Historic two unit residence in the heart of the Fairmount Square Historic District neighborhood. Both units are currently occupied and bring in great cash flow, with below market rents providing the opportunity to increase cash flow. Gas and electric are split. The property includes a newer roof, both furnaces, and water heater all replaced within the last 5 years. Basement includes a coin operated laundry for both units to share as well as additional cash flow. The property is certified through February 2023. Showings will be held only during the open house on Tuesday,5/3, from 5pm- 6pm. Seller has directed agent to hold all offers until Thursday, 5/5/22 by 1pm.
Details
Maps
General Property Info
Lot Measurement: Acres
Lot Square Footage: 4792
Lot Acres: 0.11
Lot Dimensions: 48' x 100'
Year Built: 1890
New Construction: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2024-09-05
Road Frontage: 48
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 2
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41-14-29-357-006
Taxable Value: 111045
SEV: 143700
For Tax Year: 2022
Seller's Annual Property Tax: 5725
Tax Year: 2021
Spec Assessment & Ty: N/A
Zoning: RES
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Unit 1
Unit #: 1
Unit Description: 3 BRS, 2 BA, LR, DA,
SqFt: 1296
Occupied: Yes
Monthly Rent: 1295
Bedrooms: 3
Bathrooms: 2
Full Baths: 2
Unit 2
Unit #: 2
Unit Description: 3 BRS, BA, LR, DA, K
SqFt: 1194
Occupied: Yes
Monthly Rent: 1400
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Location Property Info
County: Kent
Street #: 324
Street Name: Hollister
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49506
OfficeContract Info
Status: Sold
Current Price: $372,000
List Price: $375,000
Listing Date: 2022-04-29
Remarks Misc
Directions: Eastern S Of Fulton, E On Fairmount, S To House.
Status Change Info
Under Contract Date: 2022-05-05
Sold Date: 2022-07-21
Sold Price: $372,000
Property Features
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Natural Gas Connected; Phone Connected
Util Avail at Street: Natural Gas Available
Owner Pays: Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: Shared Paved
Street Type: Paved
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: Dishwasher; Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Listing Office: United Realty Services LLC
Listing Agent: Gabrielle N Kik
Last Updated: September - 18 - 2026
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